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If you’ve heard of the Chase Freedom Unlimited Card, you must know of how much people adore it. Introducing its sibling card made for business owners, the Chase Ink Business UnlimitedSM Credit Card, offers a similar simple rewards structure, has no annual fee, and plenty of redemption options.
In addition, it offers the opportunity to transfer points with another Chase card in the Ultimate Rewards® program to earn even more.
Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening. This is a big cash bonus for a card with no annual fee.
Cardholders earn an unlimited 1.5% cash back on all purchases with this card. The Ink Business Unlimited has no bonus categories, so this card is a good match for anyone looking to fill in the gaps on non-bonus spending. Pair it up with a card that offers bonus categories on the types of spending your business does most.
If you’re interested for more offers from Chase, check out all the ongoing Checking/Savings account bonuses!
| BONUS LINK | OFFER | REVIEW |
| Chase Total Business Checking® | $300 Cash | Review |
| Chase Total Checking®SM | $200 Cash | Review |
| Chase Premier Plus CheckingSM | $300 Cash | Review |
| You InvestSM by J.P. Morgan | Up To $725 Cash | Review |
Table of Contents
- 1 Chase Ink Business Unlimited Credit Card Summary
- 2 Editor’s Alternate Pick
- 3 Ink Business Unlimited Credit Card $500 Bonus Cashback
- 4 Redeeming Your Rewards
- 5 Pool Your Ultimate Rewards Points
- 6 Transferring To A Chase Ultimate Rewards Card
- 7 Chase Ink Business Unlimited Card Top Features
- 8 Earn More UR Points With Sapphire℠ Checking
- 9 Conclusion
- 10 What’s the Competition?
Chase Ink Business Unlimited Credit Card Summary
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| Bonus Available | Earn $500 bonus cash back after you make at least $3,000 in purchases within the first 3 months of account opening. |
| *Bonus Value | $1,000 |
| Ongoing Rewards/Benefits |
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| Foreign Transaction Fees | 3% |
| Annual Fee | $0 |
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
* The Chase Ink Business UnlimitedSM Credit Card is issued by Chase Bank. They also offer great sign-up bonuses. You can also compare this card with other credit card bonuses!
* Bonus value is an estimated value calculated by BankCheckingSavings and not the card issuer.
View our latest valuations here.
PROS
- No annual fee
- Simple rewards
- Free employee cards
CONS
- Good-Excellent credit needed to qualify
- Foreign transaction fees
Editor’s Alternate Pick
 The Chase Ink Business PreferredSM Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
Ink Business Unlimited Credit Card
$500 Bonus Cashback
Make sure to utilize the $500 bonus cashback offer for the Ink Business Unlimited Credit Card. In order to qualify for the offer, you’ll need to charge at least $3,000 to your card within the first three month of opening your account.
Here are some ideas on meeting the spending requirements:
| • Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review. |
| • Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank. |
| • Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay. |
| • Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees. |
Redeeming Your Rewards
The rewards you earn with Ink Business Unlimited is in Chase Ultimate Rewards points, these points can be redeemed for:
- Cash: As statement credit to apply toward your balance, or directly deposited to most United States checking and savings accounts.
- Travel: For premium vacation packages, cruises or fly any class on most major airlines. There are no restrictions or blackout dates on airfare booked through Chase Ultimate Rewards.
- Gift cards: Over 70 gift card options available including Home Depot, iTunes, Amazon and Staples.
- Amazon items: Instantly redeem your points to pay for all or part of your eligible Amazon order, including tax and shipping.
Each Chase Ultimate Rewards point is worth $0.01; except for Amazon items, which has a lesser value.
Pool Your Ultimate Rewards Points
You can pool together points from all Chase cards that earn Ultimate Rewards points. This includes points between Business and Personal cards.
Personal cards that earn UR points:
These cards have a higher travel redemption rate through Chase:
- Chase Sapphire Reserve: 1 point = 1.5 cents (e.g. $750 value for 50k points)
- Chase Ink Business Preferred Credit Card: 1 point = 1.25 cents (e.g. $625 value for 50k points)
- Chase Sapphire Preferred: 1 point = 1.25 cents (e.g. $625 value for 50k points)
Benefits of pooling your Ultimate Rewards points:
- You can transfer points at a 1-to-1 ratio to travel partners for even more value.
- If you combine your UR points and move them to your card with the highest travel redemption rate, all of your points combined will then receive the highest value. For example, 50k UR points with the Chase Sapphire Preferred are worth $625 in travel through Chase. Transfer those points to your Chase Sapphire Reserve and they’ll be worth $750 in travel.
- Transfer your UR points to Chase’s travel partners to potentially receive even more value (up to 2 cents per point per our valuations). This depends on the travel partner and booking details. Try out different booking scenarios to see where your points can get the most value.
Even if you mix business and personal cards, you can use these tips to form a multi-card strategy to maximize rewards.
Transferring To A Chase Ultimate Rewards Card
If you have a Chase credit card that earns Ultimate Rewards, you can earn even more. Credit cards that earn Ultimate Rewards include the Chase Ink Business Preferred, Chase Sapphire Preferred, and the Chase Sapphire Reserve.
You can turn the $500 bonus you earned into 50,000 Ultimate Rewards points. With the Ink Business Preferred℠ Credit Card and the Chase Sapphire Preferred® Card, points are worth 1.25 cents each when redeemed for travel this way. With the Chase Sapphire Reserve®, they’re worth 1.5 cents each when redeemed this way. This is quite the amount on a card that charges no annual fee.
The Ink Business Unlimited℠ Credit Card isn’t eligible for these more-valuable travel redemptions. However, if you also have any of the other three Ultimate Rewards-earning cards, you can transfer earned points from your Chase Ink Business Unlimited to that card. If you do this, then redeem for travel, your effective rewards rate gets even better.
Points on those three cards can also be transferred at a 1:1 ratio to other loyalty programs. Potentially, you could earn an even higher effective rewards rate.
Ultimate Rewards Airline/Hotel 1:1 Point Transfer Partners:
| Airline Transfer Partners | Hotel Transfer Partners |
| Aer Lingus AerClub | IHG Rewards Club |
| British Airways Executive Club | Marriott Bonvoy (Previously Marriott Rewards) |
| Flying Blue AIR FRANCE KLM | The Ritz-Carlton Rewards |
| Iberia Plus | World of Hyatt |
| JetBlue TrueBlue | |
| Singapore Airlines KrisFlyer | |
| Southwest Airlines Rapid Rewards | |
| United MileagePlus | |
| Virgin Atlantic Flying Club |
Chase Ink Business Unlimited Card Top Features
If you have multiple Chase credit cards, you can pool your Ultimate Rewards points as long as the card participates in the Ultimate Rewards program and the pooled accounts are in good standing. If you have a certain card, such as the Chase Sapphire Reserve® Card or the Chase Sapphire Preferred® Card, you can then transfer your Ultimate Rewards points to Chase’s travel partners.
Your Ultimate Rewards points will be typically transferred at a 1-to-1 ratio. But, depending on which partner you transfer your points to, you could get even more value for your redemptions. Travel partners are subject to change, but these include Southwest Rapid Rewards and Marriott Rewards.
The Chase Ink Business UnlimitedSM Credit Card comes with the free Ink mobile app. Get access to expense category tagging, authorized user tracking, authorized user privilege customization, and real-time purchase alerts.
When you charge the full cost of your rental to the card, you’ll get complimentary rental car loss and damage coverage. It also has 24/7 travel and emergency assistance, including roadside assistance, however you may need to pay additional out-of-pocket fees.
Enjoy complimentary purchase protection insurance, covering theft and damage to purchased items. This covers up to $10,000 per item and $50,000 total per lifetime per account. This benefit applies to repair or replacement costs, and must be invoked within 120 days of a covered item’s purchase.
Plus, get extended warranty coverage where original warranties can be extended for an additional year. Coverage applies only to original warranties that last at most 3 years.
Earn More UR Points With Sapphire℠ Checking
Did you know? You can combine Ultimate Rewards points from all Chase products that earn them. The Chase Sapphire℠ Checking account is offering bonus Ultimate Rewards points when you sign up today. Read our Chase Sapphire℠ Checking review.
 The United ClubSM Infinite Card offer entails: With this card, you'll earn: • 4X miles per $1 spent on United purchases including tickets, Economy Plus, inflight food, beverages and Wi-Fi, and other United charges. • 2X miles per $1 spent on all other travel • 2X miles per $1 spent on dining • 1X mile per $1 spent on all other purchases Plus, you'll get 25% back as a statement credit on purchases of food, beverages and Wi-Fi onboard United-operated flight when you pay with your Club Card. This card does carry an annual fee of $0 for the first year, then $525. However, you can get up to $100 Global Entry or TSA PrecheckTM Fee Credit. In addition, you'll get a savings of up to $320 per roundtrip by getting your first and second checked bags for free! |
Conclusion
The Chase Ink Business UnlimitedSM Credit Card is an excellent addition to the Chase Ink family, filling in the rewards gaps the other cards don’t cover, offering a solid return on everyday, non-bonus spending. You can maximize your rewards by pairing this card with one of the other Ink cards and a personal Ultimate Rewards card.
Just be mindful of Chase’s 5/24 rule that this card falls under. If you’ve opened 5 or more credit cards over the last 24 months, you’ll most likely be denied.
The unlimited cash back offered by this card won’t give you the highest return among cash back business credit cards if you redeem for cash. Cards like the Capital One® Spark® Cash for Business pays 2% cash back on all purchases. Nonetheless, the Chase Ink Business Unlimited can be more valuable than Spark Cash because of the ability to transfer points to an Ultimate Rewards-earning card.
Check out other offers from Chase Bank. And, if you’re looking for more general options, then consider our best credit card promotions master list.
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What’s the Competition?
* Below are some of the top competitors to Ink Business Unlimited Credit Card from Chase to consider.
No Annual Fee Alternatives
 The Chase Ink Business CashSM Card offers $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening. You'll earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year, 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, & % cash back on all other card purchases with no limit to the amount you can earn. This card comes with no annual fee. You'll be able to take advantage of employee cards at no additional cost & the 0% introductory APR for 12 months on purchases. |
 The Capital One® Spark® Cash Select for Business offers a one-time $200 cash bonus once you spend $3,000 on purchases within 3 months from account opening. You'll earn an unlimited 1.5% cash back could mean thousands of dollars each year going back into your business with no categories to limit your purchasing. This card comes with no annual fee and employee cards at no additional cost. |
If You Spend Enough To Justify An Annual Fee
The Chase Ink Business PreferredSM Card offers 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®. You'll earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year; 1 point per $1 on all other purchases - with no limit to the amount you can earn. Furthermore, points are worth 25% more when you redeem for travel through Chase Ultimate Rewards. This card does come with a $95 annual fee but does not have any foreign transaction fees. |
The Capital One® Spark® Cash for Business offers a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening. You're able to earn an unlimited 2% cash back could mean thousands of dollars each year going back into your business. Use Spark Cash across all your business spend, with no categories to limit your purchasing. This card does come with a $95 annual fee, however, there is a $0 intro annual fee for the first year. |
The Best Bank Offers are updated here. See the below pages to get started with some of the best offers: • Chase Bank Offers. Chase offers a range of attractive Checking, Savings and Business Accounts. Chase has a great selection of sign-up bonuses in comparison to other big banks. • HSBC Bank Offers. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program. • Huntington Bank Offers. Huntington Bank has high bonus amounts available through their Checking and Business Checking. Huntington also offers a Business Premier Money Market Account. • Discover Bank Offers. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs. • TD Bank Offers. TD Bank consistently offers a fantastic selection of checking accounts to cater to your banking needs. However, savings account offers are less frequently available. |
| BONUS LINK | OFFER | REVIEW |
| HSBC Premier Checking Member FDIC | $450 Cash | Review |
| HSBC Premier Checking Member FDIC | Up To $600 | Review |
| HSBC Advance Checking Member FDIC | $200 Cash | Review |
| HSBC Advance Checking Member FDIC | Up To $240 | Review |
| Chase Total Business Checking® | $300 Cash | Review |
| Chase Premier Plus CheckingSM | $300 Cash | Review |
| Chase Total Checking® | $200 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience CheckingSM | $150 Cash | Review |
| Huntington 25 Checking | $500 Cash | Review |
| Huntington 5 Checking | $200 Cash | Review |
| Huntington Asterisk-Free Checking® | $150 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $750 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $200 Cash | Review |
| CIT Bank Money Market | 1.00% APY | Review |
| CIT Bank Savings Builder | 0.95% APY | Review |
| Simple | 1.00% APY | Review |
Bankcheckingsavings has partnered with CardRatings for our coverage of credit card products. Bankcheckingsavings and CardRatings may receive a commission from card issuers.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
